Deutsche Beteiligungs AG (DE:DBAN)
XETRA:DBAN
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Deutsche Beteiligungs
(XETRA:DBAN)
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Rating:60Neutral
Price Target:
€27.00
▲(9.31% Upside)
Action:ReiteratedDate:03/12/26
The score is supported most by attractive valuation (low P/E and strong dividend yield) and a generally healthy balance sheet. It is held back by volatile financial performance (including a sizable latest annual loss and uneven cash flow) and weak/neutral technical momentum (negative MACD and very low stochastic).
Positive Factors
Healthy balance sheet / low leverage
Moderate leverage (D/E ~0.31) and a substantial equity base give DBAN durable financial flexibility to support new investments, withstand market stress, and finance value-adding follow-on capital for portfolio firms. That structural strength underpins long-term fund operations and liquidity planning.
Negative Factors
Volatile profitability and recent sizable loss
Meaningful cyclicality in earnings and a sizable 2025 loss reduce predictability of performance fees and dividend distributions. Persistent profitability volatility complicates capital planning, investor returns forecasting, and could limit ability to scale fee-related revenue during weaker exit markets.
Read all positive and negative factors
Positive Factors
Negative Factors
Healthy balance sheet / low leverage
Moderate leverage (D/E ~0.31) and a substantial equity base give DBAN durable financial flexibility to support new investments, withstand market stress, and finance value-adding follow-on capital for portfolio firms. That structural strength underpins long-term fund operations and liquidity planning.
Read all positive factors
Deutsche Beteiligungs (DBAN) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€464.48M
Dividend Yield4.99%
Average Volume (3M)17.57K
Price to Earnings (P/E)6.9
Beta (1Y)0.70
Revenue Growth-17.47%
EPS Growth76.28%
CountryDE
Employees97
SectorGeneral
Sector StrengthN/A
IndustryAsset Management
Share Statistics
EPS (TTM)0.92
Shares Outstanding18,804,993
10 Day Avg. Volume10,242
30 Day Avg. Volume17,568
Financial Highlights & Ratios
PEG Ratio-0.35
Price to Book (P/B)0.62
Price to Sales (P/S)12.14
P/FCF Ratio-21.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€34.53Price Target Upside39.80% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)2.31
Revenue Forecast (FY)€82.90M
Deutsche Beteiligungs Business Overview & Revenue Model
Company Description
Deutsche Beteiligungs AG is a private equity firm specializing in direct and fund of fund investments. Within direct investments the firm specializes in expansion capital, management buyout, middle market, growth capital, add-on acquisitions, brid...
How the Company Makes Money
Deutsche Beteiligungs generates revenue primarily through management fees and performance fees associated with its private equity funds. The company raises capital from institutional investors, which is then invested in selected portfolio companie...
Deutsche Beteiligungs Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
72
Positive
Cash Flow
56
Neutral
| Breakdown | Dec 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 32.84M | 114.07M | 160.76M | -52.56M | 224.62M |
| Gross Profit | -49.19M | 107.77M | 157.44M | -53.69M | 223.13M |
| EBITDA | -26.34M | 55.46M | 110.62M | -94.44M | 186.94M |
| Net Income | 24.70M | 47.51M | 105.78M | -97.56M | 185.13M |
Balance Sheet | |||||
| Total Assets | 922.97M | 913.69M | 708.27M | 646.41M | 734.95M |
| Cash, Cash Equivalents and Short-Term Investments | 40.75M | 23.97M | 20.02M | 19.16M | 37.74M |
| Total Debt | 230.09M | 139.00M | 13.14M | 42.45M | 4.10M |
| Total Liabilities | 283.31M | 225.33M | 38.89M | 66.95M | 36.19M |
| Stockholders Equity | 639.67M | 688.36M | 669.38M | 579.46M | 698.76M |
Cash Flow | |||||
| Free Cash Flow | -18.56M | 12.33M | 8.60M | 28.66M | -7.73M |
| Operating Cash Flow | -17.82M | 13.04M | 9.35M | 29.54M | -7.64M |
| Investing Cash Flow | -3.71M | -104.45M | 48.67M | -57.67M | -47.00M |
| Financing Cash Flow | 12.89M | 95.35M | -57.16M | 9.56M | 74.00M |
Deutsche Beteiligungs Technical Analysis
Negative
24.70
Price Trends
25.00
Negative
24.98
Negative
24.74
Negative
Market Momentum
-0.09
Positive
47.36
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:DBAN, the sentiment is Negative. The current price of 24.7 is below the 20-day moving average (MA) of 24.88, below the 50-day MA of 25.00, and below the 200-day MA of 24.74, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 47.36 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:DBAN.
Deutsche Beteiligungs Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | €178.36M | 7.35 | 13.05% | 5.53% | 1.42% | 8.56% | |
61 Neutral | €640.45M | 0.68 | 4.72% | 6.77% | 14.56% | ― | |
60 Neutral | €464.48M | 6.87 | 3.88% | 4.99% | -17.47% | 76.28% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | €79.41M | 2.93 | 20.85% | 3.71% | -29.22% | ― |
* General Sector Average
DE:DBAN
Deutsche Beteiligungs
25.20
1.84
7.86%
DE:MPCK
MPC Munchmeyer Petersen Capital AG
5.20
0.74
16.59%
DE:B7E
Blue Cap AG
17.95
1.99
12.47%
DE:MUX
Mutares SE & Co. KGaA
25.20
-6.66
-20.90%
DE:B8A
BAVARIA Industries Group AG
99.00
22.00
28.57%
DE:SVE
Shareholder Value Beteiligungen AG
71.50
-4.50
-5.92%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.